Britain sees big jump in animal feed raw material prices

A 20% INCREASE in the price of animal feed raw materials in Britain compared to last year has confirmed a major shake-up in the grain and feed markets.

Britain’s biggest animal feed supplier, BOCM Pauls, blamed the trend on a 30% jump in the price of wheat for animal feed.

There have been big hikes also for other animal feed ingredients, such as palm oil, cocoa and soya oil, which have risen by 39%, 23%, and 14% respectively since last year.